But that's a bit of an exaggeration.
In addition to its use in jewelery, gold has many practical real world uses too.
The folks at U.S. Global Investors put together this slideshow to illustrate some of the uses of gold.
Thanks to U.S. Global Investors for allowing us to feature this presentation.
Source: http://www.businessinsider.com/how-gold-is-used-2013-4
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